Nigeria: Govt Wants Shell to Shelve Onshore Divestment Plans
The federal government is encouraging Royal Dutch Shell Plc to keep its onshore oil and gas business in the country instead of divesting it, as the company seeks to focus Continue Reading
Nigeria’s Oil Output Drops By 30% in Four Years – Investigation
In an apparent reflection of the measures taken to achieve stability in the global market by the Organisation of Petroleum Exporting Countries, OPEC, pipeline vandalism and oil theft in the Continue Reading
Ghana set to receive first LNG cargo at end of May
Sub-Saharan Africa’s first LNG terminal operationally ready Shell to supply LNG under long-term contract with GNPC Africa expected to develop more LNG import infrastructure Ghana is now expected to receive Continue Reading
Nigeria: NNPC Sells N267 Billion Crude Oil, Maintains 1.42 Million BPD Output
The Nigerian National Petroleum Corporation (NNPC) sold crude oil worth N267.59 billion in February, while its total daily production stood at 1.42 million barrels per day in the first quarter Continue Reading
Africa’s Most Interesting Untapped Oil Play
When writing the article on this year’s Top Oil Wildcats , one of the hottest candidates had to be dropped out of the list. Not because the prospect turned out Continue Reading
Nigeria’s NNPC Says Subsidy Won’t Stop Government Obligations
Nigeria’s state-owned energy company assured it will continue to meet its financial obligations to the government despite indicating the cost of gasoline subsidies may make it impossible to contribute to Continue Reading
Nigeria: Shell Pipelines Spill 4,309 Barrels of Crude in H2’20
Shell Petroleum Development Company of Nigeria Limited (SPDC) reported that a total of 4,309.18 barrels of crude was spilled into the Niger Delta environment from its operations in the second Continue Reading
Why Nigerian Oil Prices Are Falling
Although it is a very rare occurrence to see Nigerian grades trade at levels stipulated by the Nigerian National Petroleum Company (NNPC) every month, the issuance of its official selling Continue Reading
“Nation is on fire”: Nigerian lawmakers demand action on security crisis
Nigeria’s parliament called on the presidency, armed forces and police to address the country’s mounting security crisis on Tuesday, with the lower house urging President Muhammadu Buhari to declare a Continue Reading
Nigeria: Again, Pipeline Explosion Rocks Lagos
Another pipeline explosion on Sunday evening erupted in Isheri-Idimu community, Egbe-Idimu Local Council Development Area (LCDA) in Lagos State. It was gathered that the inferno broke out after fire gutted Continue Reading